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Two-Unit Multifamily Property
For Sale
$325,000

1251 S Kolin Ave, Chicago, IL 60623

Two residential units offer three-bedroom layouts, with basement storage and a backyard included.

Property SizeContact for details
Days on Market35

Property Features for 1251 S Kolin Ave

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Amenities

unfinished basement
backyard

Building Details

Year Built 1913
Listing Agency: Lpt Realty
Listed By: Bobby Grilli
Source: Grillimurphyrealestate
Added: Jul 26 Changed: Aug 28 Last Checked: Aug 26 at 12:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lpt Realty

Investment Insights

Based on property information with market context.

Built in 1913, this duplex contains two residential units with a combined six bedrooms and two full bathrooms. Each unit is arranged with three bedrooms, one full bathroom, and living space. The property also includes an unfinished basement that provides storage capacity, along with a backyard suitable for outdoor use. The sale is offered as-is.

The property is located near shopping, schools, public transportation, and the expressway. Its two-unit configuration provides separate residential accommodations within one multifamily property.

Key Highlights

  • Duplex with 2 residential units and 6 total bedrooms
  • Each unit includes 3 bedrooms, 1 full bathroom, and living space
  • Unfinished basement offers additional storage

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Computer & Electronic Repair Gym & Fitness Center Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

812
Businesses Nearby

Demographics for 60623, IL

87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer three-bedroom layouts, with basement storage and a backyard included.
Where is this duplex located?
The property is located at 1251 S Kolin Ave Chicago, IL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Duplex with 2 residential units and 6 total bedrooms; Each unit includes 3 bedrooms, 1 full bathroom, and living space; Unfinished basement offers additional storage
More about this property
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